JetBlue, Spirit Airlines cancel $3.8 billion merger over antitrust hurdles | Top Vip News

[ad_1] By David Shepardson and Aatreyee Dasgupta WASHINGTON (Reuters) – Low-cost airlines JetBlue Airways and Spirit Airlines called off their $3.8 billion merger deal on Monday, seeing no way forward after a U.S. judge blocked the deal in January on anti-competitive grounds. . A successful deal would have created the fifth-largest airline in the United … Read more

Judge rules against NCAA, says NIL compensation rules likely violate antitrust law | Top Vip News

[ad_1] The NCAA lost another legal battle Friday when a federal judge barred the organization from enforcing its rules prohibiting compensation for recruits’ name, image and likeness by granting them a preliminary injunction required by the states of Tennessee and Virginia. It was another blow to the NCAA’s ability to govern college sports and more … Read more